Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Update

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 50,400 shares, an increase of 600.0% from the August 31st total of 7,200 shares. Based on an average trading volume of 37,500 shares, the days-to-cover ratio is presently 1.3 days.

Strategy Shares NASDAQ 7 HANDL ETF Trading Up 0.5 %

NASDAQ HNDL traded up $0.10 during trading hours on Friday, reaching $22.27. The company had a trading volume of 60,574 shares, compared to its average volume of 99,136. The stock has a market capitalization of $840.69 million, a P/E ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 1-year low of $18.30 and a 1-year high of $22.34. The stock has a 50-day moving average of $21.70 and a 200 day moving average of $21.16.

Strategy Shares NASDAQ 7 HANDL ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, September 16th. Shareholders of record on Friday, September 13th were paid a $0.1287 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.54 annualized dividend and a yield of 6.93%.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several hedge funds and other institutional investors have recently bought and sold shares of HNDL. International Assets Investment Management LLC acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF during the 2nd quarter worth $156,000. Advisory Services Network LLC acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at $191,000. Arkadios Wealth Advisors bought a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 2nd quarter worth $214,000. Advisory Alpha LLC raised its stake in Strategy Shares NASDAQ 7 HANDL ETF by 6.0% during the 1st quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock valued at $294,000 after purchasing an additional 788 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 14,042 shares of the company’s stock valued at $298,000 after purchasing an additional 798 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.